Question: Exercise 10.2 (Algo) Computing regular earnings, overtime earnings, and gross pay. LO 10-2 During one week, four production employees of Morgan Manufacturing Company worked
Exercise 10.2 (Algo) Computing regular earnings, overtime earnings, and gross pay. LO 10-2 During one week, four production employees of Morgan Manufacturing Company worked the hours shown below. All these employees receive overtime pay at one and one-half times their regular hourly rate for any hours worked beyond 40 in a week Determine the regular earnings, overtime earnings, and gross earnings for each employee. (Round your Intermediate calculations and final answers to 2 decimal places.) Employee Hourly Total Hours No. Rate Overtime Rate Worked Overtime Hours Worked Regular Overtime Gross Earnings Eamings Earnings 1 $ 10.90 45 $436.00 2 10.52 48 420.80 3 10.38 39 404.04 4 10.70 47 428.00
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